PropertyEU

Lenders to take over Esporta

By A staff reporter 2009-02-18T00:00:00

French bank Societe Generale is reportedly in the process of a debt-for-equity swap in which it will acquire fitness club operator Esporta. The bank, which was taken over by property entrepreneur Simon Halabi for £476 mln (EUR 538 mln) in 2006 in a deal backed by Societe Generale, is to ...

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